FOX News: Business

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Updated: 43 min 40 sec ago

Earthquake Causes Minor Damage In L.A. Area

Sat, 03/29/2014 - 10:49am
An earthquake struck the Los Angeles area late Friday, leaving minor damage and aftershocks in its wake.
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Apple, Google lose bid to avoid trial on tech worker lawsuit

Fri, 03/28/2014 - 8:17pm
A U.S. judge on Friday rejected a request from Apple, Google and two other tech companies to avoid a trial in a class action lawsuit alleging a scheme to drive down wages.
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GM Adds 971,000 Cars to Ignition Switch Recall

Fri, 03/28/2014 - 6:04pm
The recall now includes versions of the Chevrolet Cobalt, Chevrolet HHR, Pontiac G5, Pontiac Solstice and Pontiac Sky.
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Judge OKs Class Action Status in E-book Suit Against Apple

Fri, 03/28/2014 - 5:37pm
A federal judge in New York granted class certification on Friday to a group of consumers who sued Apple Inc for conspiring with five major publishers to fix e-book prices in violation of antitrust law.
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Putin Called Obama To Discuss U.S. Proposal On Ukraine

Fri, 03/28/2014 - 5:34pm
Russian President Vladimir Putin called U.S. President Barack Obama to discuss a U.S. proposal to end the conflict in Ukraine, the White House said Friday.
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Target Credit Rating Cut By S&P After Data Breach

Fri, 03/28/2014 - 4:33pm
Target Corp.'s investment-grade credit rating was lowered by Standard & Poor's on Friday by one notch to "A" from "A+."
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Week Ahead: March Jobs Report and a Yellen Speech

Fri, 03/28/2014 - 4:31pm
The March jobs report and a speech by Federal Reserve Chair Janet Yellen highlight next week’s economic calendar.


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Nasdaq Weekly Loss Worst In 17 Months

Fri, 03/28/2014 - 4:09pm
The U.S. stock market pared most of its gains Friday after an early morning rally following generally positive consumer spending data petered out by mid-afternoon.
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Fed's George Wants End to Zero Rates, Doesn't Give Date

Fri, 03/28/2014 - 3:35pm
The Kansas City Federal Reserve Bank president warned of the risks of keeping U.S. interest rates too low for too long.
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PwC Gets Sued for $1B over MF Global Collapse

Fri, 03/28/2014 - 3:27pm
The auditor is being accused of professional malpractice in connection with the brokerage's investment in European sovereign debt.
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Bitcoin and the Road to Obsolesce

Fri, 03/28/2014 - 3:24pm
Napoleon Bonaparte once quipped that fame and glory is fleeting but obscurity is forever.
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Bridge Overseer Hired By Gov. Christie Resigns

Fri, 03/28/2014 - 2:59pm
A prominent figure in the bridge scandal that rocked the administration of New Jersey Gov. Chris Christie resigned from his post.
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LDK Solar Reaches Bond Restructuring Deal

Fri, 03/28/2014 - 2:49pm
Chinese solar-panel manufacturer LDK Solar Co. said Friday 60% of its bondholders have agreed with a restructuring plan.
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Oil Gains 0.4% On Day, Up 2.2% On Week

Fri, 03/28/2014 - 2:37pm
Oil futures settled higher on Friday, ending the week with a gain of 2.2% as some upbeat U.S economic data buoyed prospects for energy demand.
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BMW Takes on the Luxury Electric Car Market

Fri, 03/28/2014 - 2:29pm
The high-end U.S. electric car market will soon have another big competitor.
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Access to Tesla cars only a password away, researcher says

Fri, 03/28/2014 - 2:06pm
Tesla Motors Inc's electric vehicles can be located and unlocked by criminals remotely simply by cracking a six-character password using traditional hacking techniques, according to newly released research.
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White House Lays Out Plan To Cut Methane Emmission

Fri, 03/28/2014 - 12:41pm
The White House on Friday announced a new strategy to reduce methane emmissions aimed at landfills, coal mines, the energy sector and the farm industry.
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China Oil Demand Up 3.1% In February: Platts

Fri, 03/28/2014 - 12:40pm
China's apparent oil demand climbed by 3.1% to average 10.62 million barrels per day in February compared to a year earlier, according to a Platts analysis of Chinese government data released Friday.
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GM Halts Sales of Some Chevy Cruze Models

Fri, 03/28/2014 - 12:32pm
GM halted sales of certain 2013-14 Chevrolet Cruze compact cars for an unspecified reason, potentially adding to the automaker’s safety woes.
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Mannkind Shares Dip After FDA Group Raises Afrezza Concerns

Fri, 03/28/2014 - 12:06pm
Shares of Mannkind slumped 1% on Friday in choppy trade after a report from FDA staff raised some questions about its diabetes device Afrezza. 
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